Crypto

Cryptocurrency exchange eXch announced it will cease operations on May 1 after reports alleged the firm was used to launder funds from a Bybit hack. In an April 17 notice,…

Prime brokerage Hidden Road, which was recently acquired by Ripple for $1.25 billion, has secured a broker-dealer license from the Financial Industry Regulatory Authority (FINRA) — a move that enhances…

The latest US initial jobless claims data came at 215,000, below the estimated expectation of 225,000, on April 17. The dip in jobless claims indicated that the US labor market…

Venture capital firm Andreessen Horowitz, or a16z, announced a $55 million investment in LayerZero, a Web3 company that runs a crosschain messaging protocol. The investment was disclosed in an April…

Ethena Labs, the developer of the USDe synthetic dollar (USDe), and financial technology company Securitize, released a preliminary roadmap for their upcoming Converge network, a high-throughput blockchain focused on real-world…

Key points:  Monetary stimulus in China and Europe increases investors’ focus on Bitcoin price. The US Federal Reserve is under political pressure to cut rates, as the DXY weakens. Bitcoin’s…

US President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, accusing him of being too slow to cut interest rates and escalating a long-running conflict that risks…

The Wyoming Stable Token Commission, a body authorized by the US state to issue a stablecoin, has suggested that it may clarify its language to better comply with potential guidelines…

Barry Silbert, the CEO of Digital Currency Group, said he would have secured higher investment gains by just holding the Bitcoin that he invested in early-stage crypto projects around 2012.…

Over the past year, most altcoins have struggled to keep up with Bitcoin, but one project is breaking away from the pack: XRP. While other tokens have stagnated or slid,…